Common use of This Guaranty Clause in Contracts

This Guaranty. (i) is a continuing guaranty and shall remain in full force and effect until the satisfaction in full of all of the Guaranteed Obligations, the Secured Debts and the payment in full of all amounts, if any, that may become due and payable under this Guaranty; (ii) notwithstanding Section 3.1(b)(i) above, shall continue to be effective and/or shall be reinstated, as the case may be, if at any time any payment of any of the Guaranteed Obligations is rescinded or must otherwise be returned by Lender to Borrower or Guarantor or to any guarantor, trustee, receiver or other representative of any of them, upon the insolvency, bankruptcy or reorganization of Borrower or otherwise, all as though such payment had not been made; and (iii) shall continue to be effective with respect to any Guaranteed Obligations arising or created after any attempted revocation by Guarantor and after (if Guarantor is a natural person) Guarantor’s death (in which event this Guaranty shall be binding upon Guarantor’s estate and Guarantor’s legal representatives and heirs).

This Guaranty. (i) is Is a continuing guaranty and shall remain in full force and effect until the satisfaction in full of all of the Guaranteed Obligations, the Secured Debts Indebtedness, and the payment in full of all amounts, if any, that may become due and payable under this Guaranty; (ii) notwithstanding Notwithstanding Section 3.1(b)(i3(b)(i) above, shall continue to be effective and/or shall be reinstated, as the case may be, if at any time any payment of any of the Guaranteed Obligations is rescinded or must otherwise be returned by Lender to Borrower or Guarantor or to any guarantor, trustee, receiver receiver, or other representative of any of them, upon the insolvency, bankruptcy bankruptcy, or reorganization of Borrower or otherwise, all as though such payment had not been made; and (iii) shall Shall continue to be effective with respect to any Guaranteed Obligations arising or created after any attempted revocation by Guarantor and after (if Guarantor is a natural person) Guarantor’s 's death (in which event this Guaranty shall be binding upon Guarantor’s 's estate and Guarantor’s 's legal representatives and heirs).